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Jan 14, 2013
01/13
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we'll raise the debt ceiling. he is saying if you do anything, you are going to stick to default. i would channel him on that. >> the future of gun control from this administration ahead of recommendations out tomorrow by the vice president. that's next. my wife takes centrum silver. i've been on the fence about it. then i read an article about a study that looked at the long term health benefits of taking multivitamins. they used centrum silver for the study... so i guess my wife was right. [ male announcer ] centrum. always your most complete. are you flo? yes. is this the thing you gave my husband? well, yeah, yes. the "name your price" tool. you tell us the price you want to pay, and we give you a range of options to choose from. careful, though -- that kind of power can go to your head. that explains a lot. yo, buddy! i got this. gimme one, gimme one, gimme one! the power of the "name your price" tool. only from progressive. >>> i'm confident there are some steps we can take that don't require legislation. wi
we'll raise the debt ceiling. he is saying if you do anything, you are going to stick to default. i would channel him on that. >> the future of gun control from this administration ahead of recommendations out tomorrow by the vice president. that's next. my wife takes centrum silver. i've been on the fence about it. then i read an article about a study that looked at the long term health benefits of taking multivitamins. they used centrum silver for the study... so i guess my wife was...
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Mar 4, 2013
03/13
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it is part of the 2011 deal that ended the standoff over raising the nation's debt ceiling, but those cuts were never supposed to happen. now leaders in washington are squabbling over restoring those funds. susan mcginnis is in washington this morning. susan? >> good morning, anne-marie. the finger-pointing continues over the weekend. both parties are now promising to retroactively turn back these cuts, but to get there, they will have to overcome a familiar hurdle. the gop won't agree to any plan that includes tax increases. the democrats say there's no deal without them. president obama called individual republican senators over the weekend to see if they would support a tax increase to offset the spending cuts, but the senate's top republican signaling gop support for more revenue is unlikely. >> i haven't heard a single senate republican say they're willing to raise one dime in taxes in order to avoid a spending reduction commitment that we made on a bipartisan basis just a year and a half ago. >> on sunday the head of the president's economic council predicted the gop would face
it is part of the 2011 deal that ended the standoff over raising the nation's debt ceiling, but those cuts were never supposed to happen. now leaders in washington are squabbling over restoring those funds. susan mcginnis is in washington this morning. susan? >> good morning, anne-marie. the finger-pointing continues over the weekend. both parties are now promising to retroactively turn back these cuts, but to get there, they will have to overcome a familiar hurdle. the gop won't agree to...
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Mar 4, 2013
03/13
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my reaction when i hear that is this is precipitated with the debt ceiling showdown in the summer of 2011 an the lesson of that boehner tried to cut a deal, went back to the conference and told we don't trust you on this. he emerged from the fiscal cliff deal promising the members i won't negotiate on my own anymore with obama and three times this year he's actually -- he's brought bills to the floor to the floor passed. i wonder if that sort of tells you the republican party as it's currently constituted can't make a deal with obama. >> no. and the fact is on the senate side, the rules are that, you know, you should have just a majority but the filibuster is constantly present. they can't move in the senate because they can't get to 60 votes. not just 50 plus 1. at the same time, the president is held hostage a little bit by his side in that he can't go at medicare and social security and some of the other program that is are very important to his side. so, what we find ourselves is both leadership teams are held hostage by kind of an extreme members of the party and more true in th
my reaction when i hear that is this is precipitated with the debt ceiling showdown in the summer of 2011 an the lesson of that boehner tried to cut a deal, went back to the conference and told we don't trust you on this. he emerged from the fiscal cliff deal promising the members i won't negotiate on my own anymore with obama and three times this year he's actually -- he's brought bills to the floor to the floor passed. i wonder if that sort of tells you the republican party as it's currently...
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Jan 16, 2013
01/13
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debt ceiling as a leverage point to get the president to agree to the cuts? >> i think that would be a grave mistake. i don't think that would solve anything. i know they're going to try it. how far we'll go, i have no idea. if you're a real conservative, really honest conservative without hypocrisy, you want to pay your debt. and that's what this is. they're not running up anything new. >> former senator chuck hagel, the man nominated to be the next secretary of defense picked up two key voices of support, chuck schumer and barbara boxer. two prominent democrats. they spoke separately with hagel to discuss the record. hagel eased their concerns after spelling out where he stands on issues ranging from iran and israel. to the treatment of gays in the military. there will be plenty of pageantry during president obama's inauguration on monday. the official swearing in will have taken place the day before. you see the constitution requires a president's term to start on january 20th which falls on a sunday this year. john roberts will administer the oath of offi
debt ceiling as a leverage point to get the president to agree to the cuts? >> i think that would be a grave mistake. i don't think that would solve anything. i know they're going to try it. how far we'll go, i have no idea. if you're a real conservative, really honest conservative without hypocrisy, you want to pay your debt. and that's what this is. they're not running up anything new. >> former senator chuck hagel, the man nominated to be the next secretary of defense picked up...
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Jan 15, 2013
01/13
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to the debt ceiling and it is a device to prevent the u.s. from paying its bills. why are we watching washington fight over it? maybe we should get rid of it. here is susan occhs, american banker columnist and former senior advisor to president obama and stephen hayes, "weekly standard" and fox news contributor. i will ask you both and, susan, start with you. does it serve a purpose? >> it really doesn't. this is kind of a belt and suspenders operation. if congress wants input how much money to be spent, there are 13 congressional committees that spend appropriations bills that spend money. this is time to have the conversation. they're holding economy hostage. what was benign in the system is now become dangerous. melissa: has to be reason, stephen? says belts and suspenders. maybe we have own our belt has fallen off and this is all we have left. >> so only tempting to go with the pants down met at that far. melissa: i laid that up to you. you need to spike it home. >> i would problem list mess it up. i think it is useful. anything that we h
to the debt ceiling and it is a device to prevent the u.s. from paying its bills. why are we watching washington fight over it? maybe we should get rid of it. here is susan occhs, american banker columnist and former senior advisor to president obama and stephen hayes, "weekly standard" and fox news contributor. i will ask you both and, susan, start with you. does it serve a purpose? >> it really doesn't. this is kind of a belt and suspenders operation. if congress wants input...
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Jan 7, 2013
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economic counted down clock is ticking down on the next potential crisis over the debt ceiling and sequester cuts. today an interview that raised eyebrows all over the city especially among republicans. correspondent shannon bream reports on the inside look on president's spending. >> with the last fiscal deal they are gearing up. as one of the key players talk about what happened the last time around. in an interview, house speaker says, quote at one point several weeks ago the president said to me, we don't have a spending problem. boehner says he was stunned and repeatedly push the issue with the president. he says mr. obama grew irritated and said i am tired hearing you say that. there is no give to the president's advantage and he won't hold any more closed door meetings with the president because he called it futile. the president vowed there will be no debate whether to raise the nation's already exceeded debt ceiling. a key thing that republicans will give them much better positioning as the u.s. hovered dangerously close to the fiscal cliff. the two sides don't agree whether tax rev
economic counted down clock is ticking down on the next potential crisis over the debt ceiling and sequester cuts. today an interview that raised eyebrows all over the city especially among republicans. correspondent shannon bream reports on the inside look on president's spending. >> with the last fiscal deal they are gearing up. as one of the key players talk about what happened the last time around. in an interview, house speaker says, quote at one point several weeks ago the president...
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Oct 4, 2013
10/13
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. >> but on the debt ceiling, most americans agree they want it attacked to spending cuts. if most americans can understand that fundamentally attaching to the debt ceiling spending cuts is a reasonable thing to do, why isn't the president listening to the american people, if not congress? >> because i think there are -- it's not so easy to understand how the budget works. if the debt ceiling -- look, i've a deficit hawk, but if you don't fund our bills, you will precipitate a worldwide collapse. >> we're not talking about funding our bills. we'll fund the bills and we want spending cuts. >> certainly you can have your cake and eat it, too? >> yes. why can't we do both? >> first of all, i would like to say both of these parties are responsible for the massive debt. they've been in charge for 150 years. how do they run from that? >> and in fact, if they ran their home finances the way they've run the government finances, they would be bagless homeless people living on the streets right now. >> sounds pretty good to me. >> back to whether congress should vote to make good on
. >> but on the debt ceiling, most americans agree they want it attacked to spending cuts. if most americans can understand that fundamentally attaching to the debt ceiling spending cuts is a reasonable thing to do, why isn't the president listening to the american people, if not congress? >> because i think there are -- it's not so easy to understand how the budget works. if the debt ceiling -- look, i've a deficit hawk, but if you don't fund our bills, you will precipitate a...
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Oct 13, 2013
10/13
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no spending cuts attached versus a messy debt ceiling extension, meaning one with spending cuts or tax hikes attached. on thursday, house republicans presented mr. obama with a proposal, to end the debt ceiling deadlock. republicans will vote to raise the debt ceiling enough to last through november 22. in exchange, mr. obama will agree to negotiate with republicans over spending cuts. on wednesday, the president met separately with house democrats to prepare them for the coming compromises. according to congressman jerry conley, who was at the meeting. conley says obama told house democrats they, quote, need to be prepared to give and take, unquote. and quote, we weren't going to win everything, unquote. financial markets cheered the breakthrough. the dow rose 272 points moments after the breakthrough announcement. but the debt ceiling proposal will not end the government shutdown. republicans and democrats remain at loggerheads over the 2014 federal budget. >>> question, what made president obama change his position on negotiating with the republicans over the debt ceiling? >> well,
no spending cuts attached versus a messy debt ceiling extension, meaning one with spending cuts or tax hikes attached. on thursday, house republicans presented mr. obama with a proposal, to end the debt ceiling deadlock. republicans will vote to raise the debt ceiling enough to last through november 22. in exchange, mr. obama will agree to negotiate with republicans over spending cuts. on wednesday, the president met separately with house democrats to prepare them for the coming compromises....
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Jan 18, 2013
01/13
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cut over 10 years in the long-term deficit and put us on that past. i didn't come here to talk about any of this important subjects today because as important as they all are today we have a mortgage and indie media call and that is how to do with the epidemic of gun violence in america. the one of the statistics better than anyone, so i'm not going to repeat it. on that score i might add ale in a credible threat of gratitude to many of you at the table as well as those of you in the room. i know we don't have unanimity and this ballroom, nor do we have any ballroom, but we all know, it wanted knowledges we have to do some gain. we have to act and i hope we all agree there's a need to respond to the carnage on our streets and in our schools. i hope we all agree that mass shootings like the one we witnessed in your newton cannot be tolerated. that tragedy in public life has affected the public safety in a way that i've never seen before. the image of first graders, not only shot, but riddled with bullets. parents in the streets panicking, trying to fin
cut over 10 years in the long-term deficit and put us on that past. i didn't come here to talk about any of this important subjects today because as important as they all are today we have a mortgage and indie media call and that is how to do with the epidemic of gun violence in america. the one of the statistics better than anyone, so i'm not going to repeat it. on that score i might add ale in a credible threat of gratitude to many of you at the table as well as those of you in the room. i...
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Jan 15, 2013
01/13
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but he said the american people do not support raising the debt ceiling without cutting government spending. we have learned tonight that former cycling champion lance armstrong is in discussions to return a part of the millions of dollars that his team received from the u.s. postal service. and he has indicated a willingness to testify against others involved in illegal doping. armstrong's u.s. postal sponsorship prohibited doping. last year armstrong was stripped of his titles after an investigation found systemic drug use on the team. the associated press is reported tonight that in an interview today with oprah winfrey, armstrong admitted that he used performance-enhancing drugs. recently we spoke to travis tygart the head of the. is anti-doping agency in his only interview for the showtime program "60 minutes" sports it was tygart who made the case against armstrong. some of the words that you used in outlining your case wereck "drug possession," "trafficking "coverup," "conspiracy." you describe lance armstrong as "the enforcer." pretty tough stuff.us >> serious business. the evidence
but he said the american people do not support raising the debt ceiling without cutting government spending. we have learned tonight that former cycling champion lance armstrong is in discussions to return a part of the millions of dollars that his team received from the u.s. postal service. and he has indicated a willingness to testify against others involved in illegal doping. armstrong's u.s. postal sponsorship prohibited doping. last year armstrong was stripped of his titles after an...
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Jan 22, 2013
01/13
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ceiling unless you make these cuts now. we have over $16 trillion in debt. we can't afford it. i don't want to have this conversation every couple of months. do your job and barack obama, hold them accountable. >> neil: there is this thing about double treatment that is not quite the same when it comes to blaming republicans for being obstructionists by not wanting to increase the debt ceiling when the media didn't do that when every major democrat, including a then senator barack obama did the same thing seven years ago. >> you can't expect the media to do the job they are supposed to do. they won't hold the republicans and democrats equally accountable. so the g.o.p. needs their own marketing and p.r. team -- >> neil: i think they are running from their own shadow. they need more time to get this set and the prerogatives. but to the president, i'm sure, it sends a message, weak, weak, weak. >> they are under the impression, if they give an inch, the president will say, they are doing their best. this is not how it works.
ceiling unless you make these cuts now. we have over $16 trillion in debt. we can't afford it. i don't want to have this conversation every couple of months. do your job and barack obama, hold them accountable. >> neil: there is this thing about double treatment that is not quite the same when it comes to blaming republicans for being obstructionists by not wanting to increase the debt ceiling when the media didn't do that when every major democrat, including a then senator barack obama...
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Jan 3, 2013
01/13
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he also warned house republicans not to use the debt ceiling vote to force cuts in social programs. >> i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up. >> eliot: for more on the fiscal cliff votes that transfixed washington this week i'm joined by vermont's independent senator bernie sanders who voted yes on the fiscal cliff bill. thank you for joining us. >> thank you, japan first. >> eliot: first explain why you came down in favor of this bill that is getting a fair bit of criticism from both sides of the aisle. >> it was a tough vote, and i would not be honest with you if i said i didn't consider voting no. if we go over the cliff and 5 trillion-dollar is taken out of the economy you're heading into a major recession, more unemployment. the fact that we prevented 99% of americans from paying higher income taxes very important. two million workers will continue to get unemployment benefits. very important. seniors on medicare will be able to walk into the doctor's office and get treated rather than see th
he also warned house republicans not to use the debt ceiling vote to force cuts in social programs. >> i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up. >> eliot: for more on the fiscal cliff votes that transfixed washington this week i'm joined by vermont's independent senator bernie sanders who voted yes on the fiscal cliff bill. thank you for joining us. >> thank you, japan first. >> eliot:...
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Aug 20, 2013
08/13
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the republicans wanted trillions of dollars in spending cuts in order to increase the debt ceiling. they saw that as their point of leverage. that's where this all started. the republicans would say that the sequestration idea, that was actually the administration's idea. but the bottom line was that if it were up to the administration, they would have raised the debt ceiling without any preconditions, which is what they want to do right now. that's the problem that the two sides have right now. the administration wants it without a condition. the republicans want lots of conditions to raise the debt ceiling. >> all right. thank you as always. we will see you soon on the sequester wheel of misfortune. >>> up next, for richer or poorer, who the real public servants are as "the cycle" rolls on for tuesday, august 20th. every day we're working to be an even better company - and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in f
the republicans wanted trillions of dollars in spending cuts in order to increase the debt ceiling. they saw that as their point of leverage. that's where this all started. the republicans would say that the sequestration idea, that was actually the administration's idea. but the bottom line was that if it were up to the administration, they would have raised the debt ceiling without any preconditions, which is what they want to do right now. that's the problem that the two sides have right...
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Oct 12, 2013
10/13
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raise the debt ceiling, reopen the partsf the government that are closed and included spending cuts and mandatory health care cuts as well. house republicans say they're waiting for a response from the white hou on all of this. right now you have this sense in washington where their rhetoric has been gile down. folks in the house are letting the negotiators for congressional leaders and t3 white house talk this one out. there's a separate track going on in the scent. number of republicans floating their own plans looking for democrats to sign onoard wch would close or open the government for another year or fund the governmt for another year, raise the debt ceiling for short-term in the medical device tax and health care law. the number of proposals floating around that these white house house republican negotiations are really the primary track right here. waitingo see. i have to tell you, democrats and republicans have been stuck on issues of taxes, revenues, government spending for years now. there are some certain things that they ccn do within tha where they st of agree and will be
raise the debt ceiling, reopen the partsf the government that are closed and included spending cuts and mandatory health care cuts as well. house republicans say they're waiting for a response from the white hou on all of this. right now you have this sense in washington where their rhetoric has been gile down. folks in the house are letting the negotiators for congressional leaders and t3 white house talk this one out. there's a separate track going on in the scent. number of republicans...
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ceiling which would raise the debt ceiling cut spending and have tax reform i think it's dangerous to have tax reform in this debate and look in the personal cliff debate in january we already raise taxes and we raise taxes inefficiently so yes we need a huge debate on how to perform thank you so much this is what brooks the public and i thank you. stay tuned because when we take a harder look after her secretary treasury and fed chairman a front man away from earth you won't believe what he did when he was president of harvard and then prime interest producer bob inglis and i explored the white house side of sovereign debt straight from the madison avenue state. wealthy british soil the sun. spot on to the tirelessly. cardinality. markets why not. find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune into cars a report on. the eve. of the. now when we talk about the revolving door we often think about it shuttling people between washington and wall street but today we're going to highlight another s
ceiling which would raise the debt ceiling cut spending and have tax reform i think it's dangerous to have tax reform in this debate and look in the personal cliff debate in january we already raise taxes and we raise taxes inefficiently so yes we need a huge debate on how to perform thank you so much this is what brooks the public and i thank you. stay tuned because when we take a harder look after her secretary treasury and fed chairman a front man away from earth you won't believe what he...
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diane: if this passes you still have to deal with spending cuts in the debt ceiling, of course. will that turn into another showdown? rich: absolutely. because there are really no significant spending cuts in here republicans are still sticking to their opening point which is any increase in the debt ceiling must be accompanied by spending cuts of equal values. that is something that republicans are going to have to the move the ball on. he also after member and a couple of months we're going to deal with government spending in general, what is known as a continuing resolution which funds the federal government, the discretionary part of the federal government. that expires in a couple of months and is something that we're going to have to deal with as well. lots of spending issues appeared. congress really at the end of this week if this goes through. diane: we are watching nancy pelosi speaking their excess your right. we are also -- one of the things we heard from the gop a year earlier, i said to your right. i should say to allow for people watching, but we heard from a gop
diane: if this passes you still have to deal with spending cuts in the debt ceiling, of course. will that turn into another showdown? rich: absolutely. because there are really no significant spending cuts in here republicans are still sticking to their opening point which is any increase in the debt ceiling must be accompanied by spending cuts of equal values. that is something that republicans are going to have to the move the ball on. he also after member and a couple of months we're going...
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Jan 15, 2013
01/13
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one to take a stand on the debt ceiling, use that as leverage to try to extract spending cuts out of the white house. or, to not use that because it is a fairly sensitive subject as you've been discussing with market implications. maybe move on to have this showdown over spending, over an actual spending bill, continuing resolution that continues to fund the government which will expire in march. and sequestration, automatic cuts that will kick in about the same time. in other words, is the best tool here to use the debt ceiling or is the best tool to use spending bill and there are a lot of people in leadership who think let's not touch the debt ceiling argument that is toxic. let's focus on spending bills because that is the subject at hand. tracy: especially for the american people. the last thing they want to hear is we'll raise the debt ceiling again the notion we hit it back in december and they did accounting trickery to buy us some time i think that is disheartening as well. >> that's been done before. we already hit the debt ceiling that isn't commonly realized. the question
one to take a stand on the debt ceiling, use that as leverage to try to extract spending cuts out of the white house. or, to not use that because it is a fairly sensitive subject as you've been discussing with market implications. maybe move on to have this showdown over spending, over an actual spending bill, continuing resolution that continues to fund the government which will expire in march. and sequestration, automatic cuts that will kick in about the same time. in other words, is the...
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debt ceiling. when will the madness end? we'll ask republican senator john barrasso. >>> plus a sperm donor being forced to pay child support. despite his signing away all pareal rights before the baby was born. we'll look at money impact on the baby business everywhere. >>> and this picture will self-detruck in 10 seconds. the ap chat picture sharing app takes smartphoneby storm. deletes content explicit or otherwise in just seconds after viewing it. or does it? how users could be literal caught with their pants down. we'll explain that one coming up. even when they say it's not it is always about money melissa: let's get righto a developing story right now.w. moody's rating agency just warning a short time ago that the fiscal cliff deal does not g far enough. moody's warning it will cut the u.s. credit rating without more deficit reduction. the mark sets celebrating today, not worried about tomorrow, a huge rally with the dow skyrocketing 308 points, the biggest one day gain since september of 20
debt ceiling. when will the madness end? we'll ask republican senator john barrasso. >>> plus a sperm donor being forced to pay child support. despite his signing away all pareal rights before the baby was born. we'll look at money impact on the baby business everywhere. >>> and this picture will self-detruck in 10 seconds. the ap chat picture sharing app takes smartphoneby storm. deletes content explicit or otherwise in just seconds after viewing it. or does it? how users...
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i brought up the debt ceiling. >> that's what this fight is all about. >> republicans want spending cuts in exchange for the debt ceiling. >> what the president has already done is he sat down with republicans. democrats sat down with republicans. they came up with a deal, a deal that steny hoyer and others said this is not a good deal for us. they werevociferous. there's a very simple way to solve this. my name was bill, i was brought up on schoolhouse rock. i'm just a bill. all fact based. >> true. >> if they just have the vote, if there is a bipartisan majority, why the theatriree a theatrics. all over a law that was passed by the house, passed by the senate, ratified by the supreme court of the united states. >> shame. this was crammed down the people's throats. and it is not, it is not popular. and obama has refused to back off of it at all, because, as matt lauer said, this is obama's baby. this is not about obama and his nas sichl, no offense, i know you used to work for him. this is about the best interest of the united states. i don't care if it's his baby. he is going to, in th
i brought up the debt ceiling. >> that's what this fight is all about. >> republicans want spending cuts in exchange for the debt ceiling. >> what the president has already done is he sat down with republicans. democrats sat down with republicans. they came up with a deal, a deal that steny hoyer and others said this is not a good deal for us. they werevociferous. there's a very simple way to solve this. my name was bill, i was brought up on schoolhouse rock. i'm just a bill....
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Jan 9, 2013
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for every dollar the debt ceiling is raised and the white house making it clear their position, they're quote not going to negotiate on the death ceiling or held hostage. we're kind of at a stand still. >> greta: and i know you're reporter and comment, the idea that we're going to go broke in weeks, and no more money under stones and downgraded, and not able to meet our obligation, internationally and fact that the principals aren't talking and posturing is appalling. and any plans to, timothy geithner is going to be leaving before this is resolved as secretary? >> looks that way, looks like very soon to be an announcement, jack lew chief of staff to president obama will be replacing timothy geithner and today, my colleague and i were reporting on a story where wall street's pretty much fine with that although they view geithner as something of an ally and lew as something of an unknown to geithner they feel that overall policy is going to be the same. lew and geithner were pretty much toeing the same line debt ceiling and budget negotiation including the fiscal cliff that happened. >>
for every dollar the debt ceiling is raised and the white house making it clear their position, they're quote not going to negotiate on the death ceiling or held hostage. we're kind of at a stand still. >> greta: and i know you're reporter and comment, the idea that we're going to go broke in weeks, and no more money under stones and downgraded, and not able to meet our obligation, internationally and fact that the principals aren't talking and posturing is appalling. and any plans to,...
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he said they will come out and fight hard on spending cuts on the back of debt ceiling. do you buy that and think it is true and think that is the way to go? >> i think they will fight hard. but we said from the beginning the democrats and obama had more leverage coming out of the elections than republicans out of the 2010 elections. it was almost inevitable they would have to cave to some degree. melissa: what about this next fight over the debt ceiling? do they final have some leverage? they have given in on tax hikes. the wealthy are getting soaked. we're moving on. now they have the debt ceiling. do they have leverage now? >> yeah, they have leverage but i don't think you will see big enough cuts. the american people will lose here. the tax increases will be minimal. now democrats purpose now to minimize the spending and enlightment cuts. so i think we get a couple trillion out of what will be another 12 to 15 trillion added to the definite deficit next 10 years it is not going to be enough. melissa: jonathan, what do you think?. >> entitlements are the core of this
he said they will come out and fight hard on spending cuts on the back of debt ceiling. do you buy that and think it is true and think that is the way to go? >> i think they will fight hard. but we said from the beginning the democrats and obama had more leverage coming out of the elections than republicans out of the 2010 elections. it was almost inevitable they would have to cave to some degree. melissa: what about this next fight over the debt ceiling? do they final have some leverage?...
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Jan 18, 2013
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pass the debt ceiling and talk about spending cuts if that's what you want to talk about. >> i want to read what "the washington post" conservative columnist had to say about the republican strategy. here's what he said. he wrote, obama's post-election arrogance and intransigence can put you in a fighting mood. i sympathize. this is what he's telling the republicans but i'm tending toward the realist view. don't force the issue when you don't have the power s. that what we're seeing with the debt kreeling in they don't have the power and maybe taking this advice from the conservative columnist? >> it's rare i agree with charles krauthammer but don't fight battles you can't win and don't go to the brink to be perceived as pulling back and therefore losing. this is not a fight they can win. it's certainly one they can lose and i think, though, just doing this three months, we are not done with this. if you're a crisis junkie, we are in the position of not only did the fiscal cliff not end this, we'll talk about this, and talking about it and talking about it and whether there's a coheren
pass the debt ceiling and talk about spending cuts if that's what you want to talk about. >> i want to read what "the washington post" conservative columnist had to say about the republican strategy. here's what he said. he wrote, obama's post-election arrogance and intransigence can put you in a fighting mood. i sympathize. this is what he's telling the republicans but i'm tending toward the realist view. don't force the issue when you don't have the power s. that what we're...
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Jan 15, 2013
01/13
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rich: republicans trying to figure out their opening position on the debt ceiling. democrats and the white house have already come out with theirs. president obama saying that he is not negotiating it. he says he is willing to talk about deficit reduction, perhaps modest reduction to healthcare spending. as long as it comes with curbing loopholes and tax reductions for wealthier individuals. congress should just do it. back to you. connell: let's bring in dylan glenn. former advisor to george w bush. rich said that republicans have reasons for not having this meeting today. the president is standing back and think i am not negotiating on this and the republicans are all over the map. >> i do not think that this is a big deal. i do not see that as a big issue. what is coming out of this weekend retreat is far more important. connell: i would like to be a fly on the wall for that. >> also what is important is to remember how we got here. he has run trillion dollar deficits for the past four years of his administration. you have to pass a budget in the united states se
rich: republicans trying to figure out their opening position on the debt ceiling. democrats and the white house have already come out with theirs. president obama saying that he is not negotiating it. he says he is willing to talk about deficit reduction, perhaps modest reduction to healthcare spending. as long as it comes with curbing loopholes and tax reductions for wealthier individuals. congress should just do it. back to you. connell: let's bring in dylan glenn. former advisor to george w...
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Jan 16, 2013
01/13
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however, you can race the debt ceiling and cut spending at the same time. on top of that, you kcan fix th $2 trillion situation. that is my take. charlie wrangle from new york and i begin with you. i don't understand why that can't be done. you can get that done. you are one of my buddies, but i object to you using the default. you have enough cash flow and the vast majority. i hate that argument. i know. but it is wrong to call it default. >> why not avoid default all together. because i believe it distorts the rest of the debate the good congressman and i need to have. >> cutti inting spending, i don want to get hung up on default. it is all bad. welcome back, sir, why can't we have our cake and eat it too? why can't we compromise with spending cuts at the same time too? >> we can do it as long as we recognize it is apples and oranges. our obligation has nothing to do with our inability to govern our own spending and taxes. but anytime one tries to hold it, that is when it is wrong. whatever you want to call it, when you have a moral and constitutional ob
however, you can race the debt ceiling and cut spending at the same time. on top of that, you kcan fix th $2 trillion situation. that is my take. charlie wrangle from new york and i begin with you. i don't understand why that can't be done. you can get that done. you are one of my buddies, but i object to you using the default. you have enough cash flow and the vast majority. i hate that argument. i know. but it is wrong to call it default. >> why not avoid default all together. because i...
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Jan 18, 2013
01/13
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be done in term of reaching the debt ceiling. both sides seem locked in -- the president said i'm not going talk about the debt ceiling. speaker boehner said it can't be done unless we cut spending at the same time. so having watched this for more than thirty years of congress, what are the outside of actually avoiding going over the cliff given where both parties are? >> i think the odds are that we won't do it. [inaudible] as a mart of faith and consequence. those who say let's toy with it. they are toying with the american economy and they are toying with the global economy. and so i think it's somewhat -- it seems great to talk about doing that. but the closer you get to that cliff, i think the less likely it is that you'll -- [inaudible] >> let me ask one more and go to rick. let me ask about tax reform. you told "politico" last week that a balanced approach to replacing the sequester was spending cut and revenue. should accelerate tax reform. i believe it's fully possible this year if we work on a bipartisan basis. unquote.
be done in term of reaching the debt ceiling. both sides seem locked in -- the president said i'm not going talk about the debt ceiling. speaker boehner said it can't be done unless we cut spending at the same time. so having watched this for more than thirty years of congress, what are the outside of actually avoiding going over the cliff given where both parties are? >> i think the odds are that we won't do it. [inaudible] as a mart of faith and consequence. those who say let's toy with...
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Mar 11, 2013
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first they raised the debt ceiling to cover pabtd of the costs congress would cut over 900 billion in spending spread out over a decade of course. to propose at least 1.2 trillion in deficit reduction. that proposal could not be debated or amended. it got one vote yes or no. if this plan fails sequestration. a name for the threat of a hacksaw approach for the thet of reduction was supposed to hit both sides equally. democrats would hate the nondefense program. the republicans wouldn't stand cuts to the military. the theory was these cuts would be so bad there was no way congress would ever allow them to happen. after months of deliberate brakes they couldn't come to any agreement and simply gave up. so much for theory. sequestration was to go into effect on january 1st, 2013. as it happens that was the same time so-called bush tax cuts were set to expire. it was in super crisis. fed chairman ben bernanke gave it a name. >> it would be a massive fiscal cliff of large spending cuts and tax increases. >> the fiscal cliff was a classic example. what happened? >> you keep putting these thi
first they raised the debt ceiling to cover pabtd of the costs congress would cut over 900 billion in spending spread out over a decade of course. to propose at least 1.2 trillion in deficit reduction. that proposal could not be debated or amended. it got one vote yes or no. if this plan fails sequestration. a name for the threat of a hacksaw approach for the thet of reduction was supposed to hit both sides equally. democrats would hate the nondefense program. the republicans wouldn't stand...
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Jan 15, 2013
01/13
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barack obama scolding republicans for linking p spending cuts to raising debt ceiling himself voted against raising the debt ceiling. here is what the anointed one said in 2006, said leadership means the buck stops here, washington is shifting burden of bad choices today onto the backs of our children and our grandchildren. er america has a debt, and a failure of leadership. americans deserve better, i, therefore, intend to oppose the efforts to increase american's debt limit so he is doing what he said shouldn't be done. but in doing so is demonstrating his morale superiority. the second thing we saw today is on full display he said republicans were sus spishus about social security and government support for the elderly and spending money on medical research, then, about programs aimed at making sure kids in poverty are getting enough to eat. now this, snot only deeply dishonest it's a gross distorgs. a lecture coming from a man responsible for a massive increase in poverty during his presidency. a third thing we saw is how deeply misunderstood his facts are. saying his plan would claim $
barack obama scolding republicans for linking p spending cuts to raising debt ceiling himself voted against raising the debt ceiling. here is what the anointed one said in 2006, said leadership means the buck stops here, washington is shifting burden of bad choices today onto the backs of our children and our grandchildren. er america has a debt, and a failure of leadership. americans deserve better, i, therefore, intend to oppose the efforts to increase american's debt limit so he is doing...
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Jan 22, 2013
01/13
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we have automatic spending cuts coming in place as part of the sequester. spending cuts in march and then the government funding mechanism the end of march and that will give awes opportunity to pass the budget in the house, pass the budget in the senate and recognize those two. >> greta: you'd vote for increasing the debt ceiling. >> par coming this week, attached to it, pass a budget by april 18th otherwise members wouldn't receive any pay. it's unfortunate that we have to take that step, but the senate hasn't passed a budget now if four years and we need them to outline their priority. >> greta: or you're no? >> yes. >> i'd be hesitant to raise the debt ceiling or just put it on the side for right now. we need real solutions. what he's been outlining here are the true problems that we face today. something, as much as i was in awe seeing the president today and hearing his beautiful speech, one thing that candidate obama when he's running does, if he's very successful at dividing people, but our problems are not about racism or anger or rich or poor, the
we have automatic spending cuts coming in place as part of the sequester. spending cuts in march and then the government funding mechanism the end of march and that will give awes opportunity to pass the budget in the house, pass the budget in the senate and recognize those two. >> greta: you'd vote for increasing the debt ceiling. >> par coming this week, attached to it, pass a budget by april 18th otherwise members wouldn't receive any pay. it's unfortunate that we have to take...
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Feb 19, 2013
02/13
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ceiling crisis, threaten default. these cuts were supposed to be the things that republicans wouldn't want to do. so if republicans won't stop us weakens the national security position of the united states, then what do republicans stand for? they have an even bigger problem than just dealing with first responders. what do republicans think are important? if it's not national security or the cuts they were supposed to stop from happening, then where do they draw the line? republicans just don't know what they are standing up for anymore. >> and it looks like they're willing to let it go right now. the odds are between slim and none. and slim is on vacation until next week. >> that's right. there's just not enough time, i think, to come up with some sort of compromise where boehner can get his caucus in line to support something. so it doesn't -- it's a surprise, i think, that we've come to this point. they wanted to kick it down the road until march rather than going into effect around the fiscal cliff. but i think th
ceiling crisis, threaten default. these cuts were supposed to be the things that republicans wouldn't want to do. so if republicans won't stop us weakens the national security position of the united states, then what do republicans stand for? they have an even bigger problem than just dealing with first responders. what do republicans think are important? if it's not national security or the cuts they were supposed to stop from happening, then where do they draw the line? republicans just don't...
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Jan 15, 2013
01/13
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CURRENT
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but why didn't you deal with the debt ceiling now, why didn't you just take us over the cliff and then surely the republicans would have folded. which has not necessarily been the case. which leads to the heighten the contradictions liberal. the radicals wanted nixon to will elected because that would heighten the contradiction. if we would have just gone over the cliff, it would have created this economic disaster, and then people would have seen how extreme and out of touch these republicans are. well, maybe. if only we would have minted the platinum coin then surely people would have rallied around the president. but it doesn't really work like that. these outcomes are going to be sub-optimal like mick jagger said. >> jennifer: i loved your columns on this anybody who has served and had to negotiate realizes that you can't always get what you want. at least half of loaf is still half a loaf but if you don't get any of the loaf you go hungry, but i do understand the argument on the left that it's important for those voices to be loud to push public opinion about what is acceptable po
but why didn't you deal with the debt ceiling now, why didn't you just take us over the cliff and then surely the republicans would have folded. which has not necessarily been the case. which leads to the heighten the contradictions liberal. the radicals wanted nixon to will elected because that would heighten the contradiction. if we would have just gone over the cliff, it would have created this economic disaster, and then people would have seen how extreme and out of touch these republicans...
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Jan 17, 2013
01/13
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to come up with a strategy over the drama over the debt ceiling. continuing resolution and sequester cuts. one of them admits it's a tough situation for them. >> there is no celebration in the fact we are a nation of $16 trillion in debt. you have somebody in the white house that says to do the one thing that makes no sense whatsoever. that is raise the debt creeling with no change in the future. that is absurd argument. >> let's get more on the republican messaging from senior political analyst. brit hume. good evening. >> hi, bret. >> the house republicans are not wrong to seek spending cut to allow borrowing by a treasury more than $16 trillion in debt. but in politics it's not enough to be right. you need to be effective. it requires recognition that politics is a team sport and being united is critical. this is true if the party controls one house of congress and the other party not only has the other one but the white house as well. consider what happened in the recent fiscal cliff end game. taxes were set to go up by law on january 1. some h
to come up with a strategy over the drama over the debt ceiling. continuing resolution and sequester cuts. one of them admits it's a tough situation for them. >> there is no celebration in the fact we are a nation of $16 trillion in debt. you have somebody in the white house that says to do the one thing that makes no sense whatsoever. that is raise the debt creeling with no change in the future. that is absurd argument. >> let's get more on the republican messaging from senior...
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Jan 13, 2013
01/13
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there is nothing you can cut on the debt ceiling you can't cut on the continuing resolution. so i would say, mr. president, we are going to put the debt ceiling off to june 30. let me tell you why. between now and then, we are going on cut $3 trillion, $4 trillion -- whatever it is on the continuing resolution and the sequestration. if you stop us from doing that, you are going to put us in a position that the only thing left's the debt ceiling. let's hope we can work together. one thing, the american people know we don't have a $17 trillion debt because we tax too little. it's because we spend too much. >> shannon: that's the debate we heard during the fiscal cliff negotiations and we are going to hear in the weeks and months, as you have outlined. all during the fiscal cliff, all the polling showed that the general public thought this was the fault of the house republicans, primarily the house side and republicans in congress as a whole. have you headed up the republican national committee, you know what it is like to sell a message to the american people. why are the repub
there is nothing you can cut on the debt ceiling you can't cut on the continuing resolution. so i would say, mr. president, we are going to put the debt ceiling off to june 30. let me tell you why. between now and then, we are going on cut $3 trillion, $4 trillion -- whatever it is on the continuing resolution and the sequestration. if you stop us from doing that, you are going to put us in a position that the only thing left's the debt ceiling. let's hope we can work together. one thing, the...
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Jan 6, 2013
01/13
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can you raise that debt ceiling without agreeing to some spending cuts? >> well, i think we're going to need both. what the president has said is we need some balance here. from this point forward -- >> excuse me, but what the president said, he's not going to deal, he's not going to negotiate. he just wants you to raise it. is that going to happen? >> let me add one thing. i think in the course of the state of the union address, and the president has already said, we're going to be talking about further deficit reduction, but it has to be done in a balanced way. at the heart of this debt ceiling debates is whether or not we're going to continue to reduce the deficit. i think we need to do it in a thoughtful way. and the president said as long as it's balanced he's open to the conversation. >> okay. so i'm confused because i've heard him say multiple times i am not going to negotiate over raising this debt ceiling. so are you going to negotiate? >> i can just tell you this. the debt ceiling is something that we should put behind us in a hurry. you know, i
can you raise that debt ceiling without agreeing to some spending cuts? >> well, i think we're going to need both. what the president has said is we need some balance here. from this point forward -- >> excuse me, but what the president said, he's not going to deal, he's not going to negotiate. he just wants you to raise it. is that going to happen? >> let me add one thing. i think in the course of the state of the union address, and the president has already said, we're going...
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Jan 6, 2013
01/13
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what it does, it creates more uncertainty and we have a fight over the debt ceiling and spending cuts and entitlement reform and hopefully looming out there that we haven't seen much leadership on. all it did was show that the president is extremely adept at explote oniting weakness in the republican party. you lock at the debt ceil defaulting on our loans it is peering over the edge of the grand canyon and bed with the fiscal cliff deal. how much is at risk if they don't get it done. senator cruz said there was no danger of default on the debt. we hit the debt ceiling, we can't borrow anymore. tax receipts continue to flow . they cover 60 percent of the federal spending. debt service is 6 or senpercent and there would be plenty of money to cover the debt service. what you will hear, john, in the weeks ahead we'll default on our obligation. that is not reference to the kind of default you would have if you didn't make payments. that means you can't pay for the federal spending and there would be major, major disruptions. but we need to be careful about the use of default. it is scare
what it does, it creates more uncertainty and we have a fight over the debt ceiling and spending cuts and entitlement reform and hopefully looming out there that we haven't seen much leadership on. all it did was show that the president is extremely adept at explote oniting weakness in the republican party. you lock at the debt ceil defaulting on our loans it is peering over the edge of the grand canyon and bed with the fiscal cliff deal. how much is at risk if they don't get it done. senator...
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Jan 24, 2013
01/13
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for spending cuts for every dollar in debt ceiling raised. that is not what you got this time. and you have put the focus on senate democrats, a political tactic, perhaps a very successful one. but is that really a tactical retreat? >> i don't think so at all, chuck. and i was curious to hear steny's comments about this being a gimmick. 86 democrats supported the bill that we had on the floor yesterday, the no budget, no pay, so clearly they didn't think it was a gimmick. this was a bipartisan effort. look, if you look at the goal, we've got to get our fiscal house in order, we've got to balance the budget, and in order to do that, the senate actually has to produce a budget, which they haven't done in nearly four years. the house has had budgets for each of the last two years that actually get to balance. so what we did, in this bill, is to say to the senate, look, you've got to do a budget. families do budgets, businesses do budgets, employers do budgets. the senate has not done a budget in nearly four years, so this is the challenge for th
for spending cuts for every dollar in debt ceiling raised. that is not what you got this time. and you have put the focus on senate democrats, a political tactic, perhaps a very successful one. but is that really a tactical retreat? >> i don't think so at all, chuck. and i was curious to hear steny's comments about this being a gimmick. 86 democrats supported the bill that we had on the floor yesterday, the no budget, no pay, so clearly they didn't think it was a gimmick. this was a...
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Jan 6, 2013
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. >> we have yet to cut one dime from the last debt ceiling agreement and it's time to do it again. we've got to stop the madness. this is the 18-year-old kid on the credit card. they maxed out the card and instead of cutting it up and putting them on a budget, obama says give them a new credit card. >> yes, we have to do more cuts. the president's been clear, he put on the table $1.2 trillion in cuts proposal combined with $1.2 trillion of revenue. the only reason we weren't able to do forward is house republicans decided not to follow speaker boehner. >> john roberts is filling in on "fox news sunday" for chris wallace. great to see you. >> great to see you too. if that discussion is any indication, the next eight weeks are going to go interest on capitol hill with a lot of fur flying. >> can you see them agreeing on anything? >> absolutely not. mitch mcconnell laid down a marker saying we're done with the revenue side. we're not accepting any revenue generated off the backs of the american public. the president is saying i want more, i want another $600 billion as chris van holla
. >> we have yet to cut one dime from the last debt ceiling agreement and it's time to do it again. we've got to stop the madness. this is the 18-year-old kid on the credit card. they maxed out the card and instead of cutting it up and putting them on a budget, obama says give them a new credit card. >> yes, we have to do more cuts. the president's been clear, he put on the table $1.2 trillion in cuts proposal combined with $1.2 trillion of revenue. the only reason we weren't able...
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Jan 16, 2013
01/13
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is it debt ceiling, is it sequestration, is it the resolution later in march? they could use that bell to call them to order there but it's hard to think that they could find a path. you've got on the one hand, a lot of distension in the rarngs there. but, also, just public opinion seems to be stacked against them. they're on the wrong side of so many issues. they seem to be wanting to plot a course right in the near term. but i think on the other hand, if you look at what democrats are doing, they're trying to chart a course that looks more like where america is more broadly. of course it would put them in good standing for 2014 and 2016. >> now, wes, when we look at the fact that they seem to be further and further away. committee reports that many republicans scoff at the idea of a debt ceiling disaster. and it reads, let me read this to you, to these conservatives, hitting the debt ceiling is no armageddon and the idea of default is just a scare tactic. and they claim not to be frightened. i mean, we could have different opinions, but we can't have differen
is it debt ceiling, is it sequestration, is it the resolution later in march? they could use that bell to call them to order there but it's hard to think that they could find a path. you've got on the one hand, a lot of distension in the rarngs there. but, also, just public opinion seems to be stacked against them. they're on the wrong side of so many issues. they seem to be wanting to plot a course right in the near term. but i think on the other hand, if you look at what democrats are doing,...
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Oct 11, 2013
10/13
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, the deficit, the more we will agree to extend the debt ceiling, this could pro quo. are the democrats open to a thing like that? >> yes. some of this is already in the case or baked in. democrats earlier had said they would agree to current levels of spending, extending the sequestration rates but at that point republicans were totally focused on getting rid of obamacare. the polls that are out today, they are so bad for republicans that i think now you see some house republicans saying time to end this game because we are not winning. >> a study in shooting yourself in the foot. everyone could have predicted america would slide against republicans on this. -pit was about obamacarr, it ses it is not about obamacare anymore, is it? >> no. this is really fascinating. in this morning's poll their numbers indicate this shutdown has been so bad for republicans, it had a boomerang effect. support for obamacare has gone up because people in their minds completed the shutdown, it hurt republicans in terms of efforts to get obamacare about of here and this is why you are seei
, the deficit, the more we will agree to extend the debt ceiling, this could pro quo. are the democrats open to a thing like that? >> yes. some of this is already in the case or baked in. democrats earlier had said they would agree to current levels of spending, extending the sequestration rates but at that point republicans were totally focused on getting rid of obamacare. the polls that are out today, they are so bad for republicans that i think now you see some house republicans saying...
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Jan 20, 2013
01/13
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WBAL
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it's these automatic cuts that are scheduled to take place march 16789 the debt ceiling isn't their only opportunity to try to get the president to agree to cuts. there are looming deadlines. so i think the republicans will get obama to agree to some cuts, even if we don't have a really economically damaging showdown. chris: how are we going to deal to entitlements? i don't think liberals want to do much. who is going to do it? >> we don't have to do it immediately, and that's an important point. conservatives don't either. the conservative base right now is an older base. it's people in their 50's and 60's, people who say i'm really worried about the deficit. don't touch my medicare or social security. chris: that it? indicated stuff. >> the entitlement stuff is a really big problem. there are a lot of liberals who go too far in denying it's a problem, but it's not an immediate problem. interest rates remain low. we have a little bit of time. chris: now for some fun. we're all looking forward to witnessing the president's inauguration on monday, we thought we'd look back through history
it's these automatic cuts that are scheduled to take place march 16789 the debt ceiling isn't their only opportunity to try to get the president to agree to cuts. there are looming deadlines. so i think the republicans will get obama to agree to some cuts, even if we don't have a really economically damaging showdown. chris: how are we going to deal to entitlements? i don't think liberals want to do much. who is going to do it? >> we don't have to do it immediately, and that's an...